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The week ahead in economics: Debt limit countdown

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The countdown to the U.S. government brush with debt ceiling this week is the top economic news -- not just in American markets, but all over the world. Thursday, Oct. 17, is the day that Jack Lew has said he will run out of room under the debt ceiling. Contrary to popular belief, it does not mean that the U.S. will default on its debt on Thursday if Congress doesn’t raise the debt limit before...

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